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Old 09.01.2016, 18:46
Caryl Caryl is offline
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Re: How do landlords in Zurich / Switzerland figure out how much to charge?

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How do landlords in Zurich / Switzerland figure out how much to charge? If they charge too much no one will come to the viewing and the apartment will be empty (opportunity cost), if they charge too little they are lo[]sing money as they can not rise prices unless there is a new tenant (again, opportunity cost - and even then it is not possible to just rise rents in places like Opfikon when the interest is low)
As everywhere, small landlords are hostages to the venality and sloth (or beneficiaries of the competence and integrity, but that's maybe less likely) of the estate and rental agent. And when a tenant leaves, s/he may well come up with a totally unsuitable replacement to get out of his/her lease, meaning you have a void period anyway. Such tenants will also leave you with damages you can't fully charge for because you are up against their insurer and the insurer's legal department who will make a low-ball offer.

We can move some of our flats between annual and holiday lets (keeping in mind the Lex Koller and the Lex Weber) and the choice can be difficult. Usually you get less money with holiday lets because they are seasonal and require servicing, but at least you aren't stuck with a tenant for life.
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